https://www.taxtmi.com/caselaws?id=378616 Interest under Section 8(1) of the U.P. Trade Tax Act, 1948 is confined to tax admittedly payable, meaning tax disclosed in accounts, admitted in returns, or otherwise admitted in proceedings. Where a dealer consistently disputes taxability, does not collect or show tax in the return, and contests the issue through the appellate process, the turnover cannot be treated as admitted taxable turnover for interest purposes. On these facts, the disputed unripened imli turnover remained under bona fide challenge until final adjudication, so interest was not leviable for the earlier period. en-us Wed, 10 Apr 2019 00:00:00 +0530 Mon, 14 Oct 2019 10:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378616 Interest under Section 8(1) of the U.P. Trade Tax Act, 1948 is confined to tax admittedly payable, meaning tax disclosed in accounts, admitted in returns, or otherwise admitted in proceedings. Where a dealer consistently disputes taxability, does not collect or show tax in the return, and contests the issue through the appellate process, the turnover cannot be treated as admitted taxable turnover for interest purposes. On these facts, the disputed unripened imli turnover remained under bona fide challenge until final adjudication, so interest was not leviable for the earlier period. Case-Laws VAT and Sales Tax Wed, 10 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378616